Hi Everyone,
Have a great day!
I have few queries about the Fixed Asset's Depreciation Book.
Can I change the depreciation book in the below-given scenario?
I have created a fixed asset with one depreciation book. In the depreciation book, the Default Final Rounding Amount and Default Ending Book Value are set to 10.00 dollars. So for the last month of depreciation is not calculating properly. There is a difference of 10.00 dollars for assets which has undergone the last month of depreciation (value given in the depreciation book).
So, I have created a new depreciation book and filled 0.00 dollars in the Default Final Rounding Amount and Default Ending Book Value fields. Then, I reversed the Acquisition entry and depreciation entry for an asset (It is a small asset with only 2 months of validity). After that I tried to change the depreciation book but, it is not allowing me to change the depreciation book.
I would like to know the reason and the solution to overcome this situation.
Kindly give your suggestions.
Thanks & Regards,
Jaunt